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B+
NoAgentList RatingHow are grades calculated? Info

$329,900

1505 Clover Dr, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,843 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-2099-014-0150-1
Lot Number15
SubdivisionGreengate Addition Section Iv (Cal)
Land UseResidential
Legal DescriptionGREENGATE ADDITION SECTION IV (CAL), BLK 14, LOT 15
Census Tract031425
Assessed Land Value$95,000
Assessed Improvement Value$290,974
Assessment Year2025

About this property

Please follow offer instruction in associated Docs. A fantastic opportunity for first-time buyers or investors—bring your ideas and make this home your own. Single-story home nestled in a well-established neighborhood within Allen ISD! This charming 4-bedroom, 2-bath home sits on a tree-lined street. Enjoy outdoor living in the spacious backyard with a covered patio—perfect for relaxing or entertaining. Excellent location with easy access to Hwy 75, shopping, dining, and area schools. Don’t miss this great find in Allen!

Investor Tools

Property Icon
$385,974
Estimated Property Value
$231,800Estimated Mortgage Balance
$190,516Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,316 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,854/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,321
$385,974
2025
$95,000
$290,974
$385,974
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$20,321
$385,974

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Lending Services Inc
Unknown
$231,800
No
First
Aug 16, 2018
Sep 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,458
$190,516
49%
51%
$1,390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,390/mo
+$1,960/mo
10.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Allen

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